When you invest, even if it’s just for retirement, you’re told to diversify your risks.
Why is it, then, that it seems OK to keep having big corporations merge into less and less competition? During the Bush I and Bush II regimes, we saw what that meant for the banking industry: big bailouts on the taxpayers’ tab.
We were, after all, faced with another Great Depression.
Seems to me it would be far healthier to spread the risks here, too: break out into smaller companies – which would make more of them, too.
Along the way, there would be fewer layers of high management – and think of all the savings in executive pay along the way.
Those who advocate a free market need to remember: any company that’s too big to fail without taking down the rest of the economy is a threat. Period.
Jnana's Red Barn 